Increased Lobbying Activity in the US Crypto Sector
In the US, crypto industry lobbying is on the rise, with expenditures reaching $19 million in just the first three quarters of the year, surpassing the previous year’s total. In 2022, the total lobbying budget reached $22 million, with FTX contributing significantly.
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In the US, crypto industry lobbying is on the rise, with expenditures reaching $19 million in just the first three quarters of the year, surpassing the previous year's total. In 2022, the total lobbying budget reached $22 million, with FTX contributing significantly.
Companies like Coinbase, Crypto․com, the Blockchain Association, and Binance are leading this push, aiming to tackle SEC challenges, rebuild the industry’s image, and lobby for beneficial legislation.
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